There’s an action packed day of Class 1 racing at Newmarket today and the Sky Bet Money Back Special should not be missed. Simply place a bet on any horse in the 14:20 at Newmarket and should our selection come second or third, Sky Bet will refund our stake back as cash! This means we have a potential profit of £9.39!
Terms of the offer
- Up to £10.00 refund as a cash.
- Refund will trigger on any horse that places second or third.
- Qualifying bets must be placed between 14:00 Friday 11th October 2019 and 14:20 (start time) Saturday 12th October 2019.
- 7 or more runners required for the promotion to apply.
Qualifying Bet and Strategy
For this offer we will simply back and lay our selection while taking the lowest qualifying loss possible. It is a very simple offer to take advantage of but we will only make a profit if our selection places second or third. For this offer we have opted to place our qualifying bet on Max Vega at odds of 11.0. Of course it up to you which horse you choose for this promotion and is subject to available odds.
Let’s take a look on the matched betting calculator to see what out qualifying loss will be:
|If Back Wins|
|If Lay Wins|
As we can see our £10.00 back bet at odds of 11.0 and lay odds of 11.5 will result in a small loss of £0.61 whether Max Vega wins or loses. However if Max Vega places second or third we stand to make a tasty profit. Remember the refund is in cash so we don’t need to worry about extracting any profit from a free bet.
|Max Vega wins||+£100.00||-£100.59||£0.00||-£0.61|
|Max Vega loses||-£10.00||+£9.39||£0.00||-£0.61|
|Max Vega places 2nd||-£10.00||+£9.39||+£10.00||+£9.39|
If Max Vega finishes second or third we shall make a tidy profit of £9.39. If however Max Vega wins or loses outside of the required place we stand to make a small loss of £0.61. Cash refunds will be credited to your account within 24 hours – the bet receipt will simply be voided and your stake returned back to your cash balance.